CITIC PACIFIC Special Steel announced price policy for its subordinate Jiangyin Xingcheng Special Steel, Daye Special Steel, Qingdao Special Steel and Jingjiang Special Steel. Details were as follows.

I Bars

Base Price: up 100 yuan/t for Xingcheng Special Steel and Daye Special Steel; up 200 yuan/t for Qingdao Special Steel.

II Merchant Billet

Base Price: up 150 yuan/t

III Flat Steel

Base Price: up 300 yuan/t

IV Wire Rod

Base Price: up 200 yuan/t for Xingcheng Special Steel, up 300 yuan/t for Qingdao Special Steel

V Steel Plate

Base Price: up 200 yuan/t

VI Steel Pipe

Base Price: unchanged for Daye Special Steel, up 100 yuan/t for Jingjiang Special Steel

VII Forged Steel

Base Price: up 100 yuan/t

VIII High-alloy Product

Base Price: according to the alloy content

All price changes include VAT and take effect from May 26, 2020.